LI - Li Auto Inc.
Li Auto delivered a modestly robust Q2, beating top line estimates, but seeing revenue pressure due to falling volumes. LI improved its vehicle margin to 9.4% in Q2, and is therefore still trailing the EV competition. Nonetheless, Li Auto's financial and operating performance could be improving if new product launches, such as refreshed L-Series models and the new Li MEGA, become a success.
BEIJING, China, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China's new energy vehicle market, today officially launched the new Li MEGA, a high-tech flagship MPV. The vehicle is priced at RMB509,800 for its standard configuration. Deliveries of the new Li MEGA will commence this week. For more details on the new Li MEGA, please visit Li Auto's official website.
BEIJING, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China's new energy vehicle market, today announced that it delivered 37,679 vehicles in August 2026. As of August 31, 2026, Li Auto's cumulative deliveries reached 1,801,834.
Li Auto Inc‘s (NASDAQ:LI) ambition extends beyond building electric vehicles. During its second quarter earnings call on Wednesday, the Chinese automaker revealed the strategic philosophy behind its growing investment in proprietary chips and batteries, saying it wants to emulate Apple Inc. and Huawei by controlling the technologies that matter most—while making clear it has no intention of replacing partners like Nvidia Corp (NASDAQ:NVDA) and CATL.
Li Auto Inc. faces intense competition in China's EV market, limiting growth and margin prospects despite its high-end SUV/MPV niche. Q2 '26 results were slightly better than expected, but guidance was cut to 400k units for 2026, and gross margin targets were reduced to 15–20%. I assign a Sell rating on LI, valuing shares at 12x PE—below consensus—due to limited upside and challenging competitive dynamics.
Li Auto Inc. (LI) Q2 2026 Earnings Call Transcript
Li Auto (LI) shares slipped about 1% on Wednesday morning after the Chinese electric-vehicle maker reported weaker second-quarter profitability and issued a thi
Li Auto NASDAQ: LI reported a second-quarter net loss as revenue and vehicle margins declined from a year earlier, while management outlined plans for new battery-electric vehicle launches, continued investment in proprietary technology and expansion into overseas markets.
Li expects to deliver about 97,500 cars in the third quarter, up about 5% year over year.
The Nasdaq-listed automaker reported a second consecutive quarter of losses, even as it tried to spur demand by launching new models.
Quarterly total revenues reached RMB25.7 billion (US$3.8 billion)1 Quarterly deliveries were 98,330 vehicles BEIJING, China, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China's new energy vehicle market, today announced its unaudited financial results for the quarter ended June 30, 2026. Operating Highlights for the Second Quarter of 2026 Total deliveries for the second quarter of 2026 were 98,330 vehicles, representing an 11.5% year-over-year decrease.
The Chinese-owned automaker told dealers it is still trying to understand why it is being banned from the U.S. market.
Bearish flow noted in Li Auto with 2,991 puts trading, or 1.7x expected. Most active are Sep-26 13 puts and 8/28 weekly 11.5 puts, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 1.73, while ATM IV is up over 1 point on the day. Earnings are expected on August 26th.
In the most recent trading session, Li Auto Inc. Sponsored ADR (LI) closed at $12.92, indicating a +1.65% shift from the previous trading day.
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The average transaction price for EVs was $56,126 in July, according to Kelley Blue Book. That's a 1.6% increase compared to July 2025.
Li Auto Inc. Sponsored ADR (LI) closed at $12.27 in the latest trading session, marking a -1.6% move from the prior day.
Dimensional Fund Advisors LP trimmed its holdings in shares of Li Auto Inc. Sponsored ADR (NASDAQ: LI) by 38.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 165,046 shares of the company's stock after selling 103,624 shares during the period. Dimensional
BYD failed to break the ranks of the three most popular car models sold in China in recent months, according to Autohome data. Tesla held up well, while Volkswagen was the only traditional foreign automaker.
Li Auto Inc. Sponsored ADR (LI) reached $12.96 at the closing of the latest trading day, reflecting a +2.09% change compared to its last close.